Alibaba Group Holding Ltd. engages in providing online and mobile marketplaces in retail and wholesale trade. It operates through the following business segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, Innovation Initiatives and Others. The Core Commerce segment comprises of platforms operating in retail and wholesale. The Cloud Computing segment consists of Alibaba Cloud, which offers elastic computing, databases, storage and content delivery networks, large scale computing, security, management and application, big data analytics, a machine learning platform and other services necessary for enterprises of different sizes across various industries. The Digital Media and Entertainment segment relates to the Youko Tudou and UC Browser business. The Innovation Initiatives and Others segment includes businesses such as AutoNavi, DingTalk, Tmall Genie and others. The company was founded by Chung Tsai and Yun Ma on the 4th of April, 1999 and is headquartered in Hangzhou, China.
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Last updated: Data provided by FactSet. This information does not constitute investment advice.
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